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Munster: Amazon Investing in Right Areas for Growth
48:21 - Gene Munster, senior research analyst at Piper Jaffray, discusses third-quarter results from Amazon and looks at the company's targeted spending on content and distribution centers to expand its business. He speaks on "Bloomberg Daybreak: Americas." Munster, his family, and firm, do not own shares of Amazon, but his firm is making a market in the security at the time of Munster's research report. Piper Jaffray will buy and sell securities on a principal basis. (Source: Bloomberg)
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